Ever Considered Renting Your Spare Room to a Student?

Monday, July 26, 2021

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Earlier this month, we discussed that many college and university campuses are announcing their plans to have students return to in-person classes. A new normal is being established and safety measures put in place for students to resume learning on-campus, as situations related to the COVID-19 global pandemic improve.


As a result, students across North America are currently making arrangements to attend school this upcoming semester; however, they are finding it difficult to locate safe and affordable housing accommodations due to low vacancy rates throughout the country. This poses an even greater challenge for international students travelling from abroad.


To assist with this dilemma, we are posing the question to homeowners, “Have you ever considered renting a spare room within your home to a student attending college or university in your community?”


There are many benefits to having a student reside in your house as a tenant. Below are just a few positive reasons to consider welcoming a student as a renter.


  • New source of extra income
  • Tax benefits related to utilities, expenses, renovations and upgrades for the unit
  • Outdoor property maintenance could be shared by the tenant
  • Companionship and assistance, especially for seniors living alone
  • Cleaning, chores or caring for pets could be shared by the student
  • Live-in child care arranged or exchanged for rent
  • Offering support to students in the community can be very rewarding


Anyone interested in this opportunity is encouraged to list their rental properties on Places4Students.com immediately, as students are actively searching for accommodations now. A variety of units are needed, most especially individual rooms within a house, apartments, or shared units.


Some colleges and universities are offering FREE general listings at this time to generate more housing options for their students online (check our website for offers and details). Our customer service team is available to answer questions and help landlords to repost or set-up new rental property listings at 1-866-766-0767.


SEE ALSO:  Tips on Setting a Rental Rate

The Places4Students.com Team